Friday, May 25, 2012

Richard (RJ) Eskow: How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

Richard (RJ) Eskow: How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

 Excerpt:

More and more people are calling for Jamie Dimon, CEO of JPMorgan Chase, to resign from the Board of the New York Federal Reserve.

His latest scandal, combined with Dimon's hypocrisy and relentless self-promotion, make him an obvious target. But Dimon isn't alone. Bankers dominate the Fed at the regional and national levels, and most of the other outside seats are held by executives from large corporations. (Remember Herman Cain?)
Should Dimon resign? They all should.

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